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Bobby Jenks, former Chicago White Sox pitcher, dies at 44 in PortugalBobby Jenks, the celebrated baseball closer, is no more. The two-time All-Star and World Series champion died at 44 in Portugal while battl...- Dollar wallows near 3-1/2-year low as Fed cuts, Trump bill in focusThe US dollar is near its lowest since February 2022. Federal Reserve Chair Jerome Powell hinted at possible rate cuts. Donald Trump's spen...
- Jerome Powell stands by 'wait and see' stance with Trump ramping up attacks on the Federal ReserveJerome Powell maintains the Federal Reserve will hold its key rate. This is while assessing President Donald Trump's tariffs impact. Trump ...
- European shares edge higher; investors eye trade developmentsEuropean shares experienced a slight increase amid ongoing trade deal uncertainties, with the STOXX 600 index rising by 0.2%. Concerns over...
- ECB to opt for summer pause after initial rate cutThe European Central Bank (ECB) is expected to hold interest rates steady, following June’s cut from 4% to 3.75%. ECB President Christine L...
- Fed's Powell says more evidence of falling inflation needed before rate cutsThe Fed has kept its benchmark policy interest rate steady in the 5.25%-5.5% range since last July, but officials are debating when to ease...
- Top central bankers see further tightening to counter inflation"Although policy is restrictive, it may not be restrictive enough and it has not been restrictive for long enough," Federal Reserve Chair J...
- European shares rise as US data soothes economic slowdown fearsInvestors are keenly watching a panel discussion of central bankers in Sintra, including European Central Bank President Christine Lagarde,...
- Gold steadies near three-month lows after strong US data; eye on dataGold prices remained near a three-month low as positive U.S. economic reports bolstered the case for higher interest rates, while traders a...
- ECB, peers must raise interest rates further, says IMF's Gita Gopinath"Inflation is taking too long to get back to target," she told the ECB's annual forum in Sintra, Portugal. "This means that central banks, ...
- ECB to increase rates in July: ECB president Christine LagardeDespite rising inflation, European Central Bank president Christine Lagarde has stated that it is "unlikely" for policymakers to declare th...
- Dollar holds firm ahead of U.S. durable goods, housing dataThe US dollar was steady against major currencies as traders looked ahead to US data that may determine the timing of interest rate hikes. ...
- Euro under pressure as inflation fears send investors to dollar havenSpeaking at the European Central Bank's annual conference in Sintra, Portugal, U.S. Federal Reserve Chair Jerome Powell said it was importa...
- Commodity stocks lead European shares higher on China COVID reliefHealth authorities said China would halve to seven days its COVID-19 quarantine period for visitors from overseas, with a further three day...
- Euro gains traction ahead of inflation data, dollar steadiesGerman inflation figures are due on Wednesday, French data on Thursday and euro zone numbers on Friday. European Central Bank President Lag...
- 5 world market themes for the week aheadThe European Central Bank will host a forum in Portugal, while a Chinese business activity survey and a closely followed U.S. inflation ind...
- ECB will be patient in timing first rate hike: Mario DraghiThe euro extended declines after Draghi’s speech.
- Top 7 factors that are likely to guide stock market in week aheadLast week, NSE index gained 0.46 per cent and BSE posted a weekly gain of 0.50 per cent.
- Mom goals! Madonna moves to Portugal for son's football dreamThe 'Love Profusion' singer has bought a house in the resort of Sintra, 27 km north-east of Lisbon.
- This summer, plan a vibrant vacation with a dose of cultureHave you indulged in 'Cultural Tourism'? Destinations that boast of numerous major heritage-centric sites often witness a string of tourist...
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